New Venture Management
Objectives
The course departs from the assumption that new ventures are not small versions of established organizations. In one hand, the course will focus on the liabilities and challenges that new ventures face that can compromise their success and growth. On the other hand, management practices to be adopted by new ventures to manage those challenges need to be adapted to their structure. The course aims to teach students, future entrepreneurs, to manage an emergent venture through their development stages until its establishment.
The course aims to:
• Discuss the anatomy of new ventures
• Explore the liabilities and challenges that new ventures face during their development
• Discuss the effectiveness of management practices to address the challenges face by new ventures
• Critically evaluate the impact of management practices in the new venture’s performance
General characterization
Code
2631
Credits
3.5
Responsible teacher
Aníbal López
Hours
Weekly - Available soon
Total - Available soon
Teaching language
English
Prerequisites
n/a
Bibliography
Kuratko, D., J. Hornsby. 2009. New Venture Management: The Entrepreneur’s Roadmap. Pearson Prentice Hall, Upper Saddle
River, NJ.
Teaching method
This course consists in one 3h class per week and feedback meetings with teams. This course is a mix of lectures, case
study discussions and guest speakers.
Evaluation method
Final exam: 40%
Group assignment: 45%
Final presentation: 15%
Subject matter
Session 1 – New Ventures vs Established Organizations
Session 2 – New Ventures: Liability of newness and smallness
Sessions 3 & 4 – Managing New Ventures: Managing growth
Sessions 5 & 6 – Managing New ventures: New approaches